Topics in this issue:
1. eBay News: eBay University Live
2. Tip: Multi Auction
3. Did you know…?
4. Ask Molly: Postage discounts
Hello and welcome to this week’s edition of The eBay UK Bulletin.
What a week it’s been. Sales are still slow, but if you’re looking for stock, then now is the time to buy. Check out your local high street; retail traders are feeling the pinch and there are bargains to be had in most stores. Storage could be a problem…we can hardly move in our house for boxes (but bubble wrap is so comfy to sit on!)
This week, I’ve discovered another great website that’s worth book-marking. I will continue with these over the coming weeks – so if you’ve found a site that you just cannot live without, please let me know. Finally, for a little light relief, I’ve compiled five interesting facts about eBay. How much would you bid for a £5 note? – (yes, it really did happen!) – and over 58% of the UK’s eBay users are…? Keep reading to find out what!
[For details of this newsletter, please scroll down to the end.]
1. EBAY NEWS: EBAY UNIVERSITY LIVE
If you’ve ever attended an eBay University, you’ll appreciate what a great place of learning they can be. I went to one of the first to be held in the UK and realised that eBay could change my life – and it did. The content was great, but the speakers did “um and er” a bit (something my old boss would have told me off for doing!) Attending is not always possible, but now you can watch 12 videos from eBay Live, recorded in Las Vegas. Each video lasts for 60 minutes and you can find them at here.
If you’re looking for a new source of income, spend 60 minutes watching “Pay-per-click Success” and then look at the internet in a new light. The other video I would recommend is “Go Global: Advanced Strategies For Selling Worldwide” – selling globally is the way to go and this presentation will give you food for thought. Put the kids to bed, invite your friends round, grab a box of popcorn and see exactly how big eBay really can be.
2. TIP: MULTI AUCTION
Information is everything in this day and age, so the more you know about the marketplace and the services available, the more successful you will be. This week I’d like to let you in on another online gem I’ve discovered; a great website worth checking, that offers help and advice to eBay traders – Multi Auction.
Among the services on offer, you will find:
- UK and US auction reviews
- Auction news
- Auction tools analysis
- Multi Auction tool bar
One of the most interesting features is the ability to search for ‘misspelled’ words, find auctions that others may not and pick up a bargain. I love this idea and have been using the same principle to buy stock from eBay for some time – buy it cheap, re-list it properly and pocket the profit. Sam Barnes who runs Multi Auction described the website as:
“FREE, quick and easy to use…providing you with Live UK Auction listings. You can search and compare products, prices and bids on the top 4 UK auction sites: CQout, eBay, Ebid, and QXL. You have the option to search each site separately or all together using ‘Comparison Search’. Order your results by end date, price and site to help you easily find the products you want.”
You can visit Multi Auction at www.multiauction.co.uk – and if there’s a site that you can’t live without, or maybe you run such a service, please send me the details. Remember, you can find all my favourite eBay-related websites in the ‘Useful Links’ section of www.ebaybulletin.co.uk
3. DID YOU KNOW…?
There are some fascinating facts about eBay that you may well have heard about; a mobile phone sells every minute, a Ferrari was the first car to be sold on eBay Motors and an item of men’s clothing sells every 30 seconds. But did you know that…
- Echo Bay was the original name intended for the auction site, but the internet address “EchoBay.com” was already taken – hence eBay was born
- £6.99 was the final price reached in an auction to buy a £5.00 note
- 18 holes of golf with Tiger Woods reached £236,000 at auction (we never did hear who won the round…)
- Over 58% of the UK’s eBay users are aged 35+ (that’ll be me then!)
- Somebody bought rocker Bryan Adams’ dirty socks for £551 (I’m clearly in the wrong business…)
It all just goes to prove that it’s a mad world and we’re all part of it.
4. ASK MOLLY: POSTAGE DISCOUNTS
This week, a question from John, concerning postage discounts and getting the system to work them out for you.
I sell carded Star Wars models and charge £2.00 each for postage. I had a thought that if I sold two or more to the same person (in the same box) I could charge £1 each, for every other one. I thought when I wrote the invoice, I could adjust the postage…but I can’t change the £2 cost. Hope you can understand what I’m trying to do.”
What you want to do is possible and the good news is that you should only have to set it up once. I’m assuming that you only sell carded figures and that they all weigh about the same. Should you sell other products, we may have to rethink. Try following these steps:
1. In ‘Section 4′ of the “Sell Your Item” form (Payment and Postage) click the postage discount box (it’s just under postal insurance).
2. Where it says “Make this item eligible for a postage discount based on my preferences”, click on the “My Preferences” link.
3. The page that opens is the postage and discount preferences – it is important to remember that these settings will apply to ALL of your auctions. Click the box next to “Apply a postage discount when a buyer purchases more than one item from me”.
4. There are 4 options, so choose the one that suits best; I suspect it will be option one – “Charge my highest postage cost for the first item and £*** for each additional item”. Just add £1.00 into the box.
5. Save these settings and carry on with your listings.
It’s a great question and wins this week’s copy of ‘The eBay Business Handbook’. Please check pages 75 to 77 for more thoughts on postage conditions.
– END NOTE –
Before I sign off, I’d like to thank everyone who has contacted me with their positive feedback – on the book, the bulletin and the recent radio programme I contributed to. It’s all been very flattering and to show my appreciation, I’ve given you all a mention on my new ‘Feedback’ page:
Please keep your e-mails coming and don’t forget those FREE copies of ‘The eBay Business Handbook’, courtesy of Harriman House, for the best (or worst!) eBay stories. (More of your kind comments are welcome too!)
I think my head may have grown slightly, so I’m off to bid for a new hat now…
Best wishes and happy eBaying!
Author of the bestselling title, ‘The eBay Business Handbook’ – available direct from the publishers: www.harriman-house.com/ebaybusiness
– NEWSLETTER ADMIN –
This weekly newsletter covers any topic associated with eBay. If there is anything you would like to see here, just email me at firstname.lastname@example.org. You can find out more about me and read previous editions of this newsletter at: www.ebaybulletin.co.uk